Sony BMG Music Entertainment

Sony BMG Music Entertainment is the result of a 50/50 joint venture between Sony Music Entertainment (part of Sony) and BMG Entertainment (part of Bertelsmann AG) completed on August 5, 2004. It is one of the Big Four music companies, and includes ownership and distribution of recording labels such as Arista Records, Columbia Records, Epic Records, J Records, RCA Victor, RCA Records, and others.

Related Topics:
Joint venture - August 5 - 2004 - Big Four - Recording labels - Arista Records - Columbia Records - Epic Records - J Records - RCA Victor - RCA Records

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Financial analysts covering the merger anticipated that up to 2000 jobs could be cut as a result, saving Sony BMG approximately $350 million annually.

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